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Transformer steel shortage threatens India’s energy ambitions: GTRI
CRGO steel, essential for reducing energy loss in transformer cores, plays a pivotal role in the country’s power distribution network. Read more
thyssenkrupp employs new-age technology to produce superior grades of CRGO in India
ThyssenKrupp Electrical Steel, high-tech electrical steel producer in India is all set to showcase its new and creative technology at Elecrama 2023. By providing high efficiency powercore to industrial applications and the power transmission network, it directly contributes to energy savings and CO2 reduction.Read more
Budget’s infra focus to give fillip to electrical equipment industry
With the proposed capex of Rs 100 lakh crore over the next 5 years, it will further provide an impetus to infrastructure sector (highways, airports, railways, metros, ports, housing, etc). This will result in continued growth of the electrical equipment industry.Read more
IEEMA expects measures to boost electrical equipment industry growth in budget
The apex association has recommended favourable tax structure to reduce manufacturing cost, zero basic customs duty on imports of CRGO Steel and amorphous alloy ribbon, etc.Read more